In 1959, I joined in Neyveli Lignite Corporation as Special grade apprentice. After two months training I was posted to work in shifts in the Mines sub-stations. NlC is an integrated project having Mines 1 and Mines 2 , Thermal power stations 1 and 2, Fertilizer plant and Briquetting and Low temperature Carbonization plant. Thermal station 2 and Mines 2 came in only in 1987. Now NLC is having the biggest open-cast mechanised lignite mines in India,mining 24 million tonnes of lignite annually and generating power with installed capacity of 2490 MW.
India's first Prime Minister Pandit Jawaharlal Nehru said that all Public Sector Enterprises are India's modern temples.India adapted a socialist pattern of economy till our country was opened to global economy in early nineties The socialist pattern of society did not reach the poor to improve thier quality of life.The economy did not grow either.
Public Sector Enterprises (PSEs) have assumed the role in supplying essential goods and services to the public . They sometimes are mandated to take on social responsibility. The performance of some PSEs has been affected by the lack of clarity of the commercial and social objectives. Many PSEs have become a financial burden on the government,and failed due to mal administration, high corruption and labour unrest.Quality and capability of the people at the top are very important for sustaining the growth of any PSEs.The top people should have high integrity with a proven track records of managerial ability. No Engineer though technically excellent, can be a good managers unless he or she has the leadership quality and very good communicating capability. But managers with leadership quality and having engineering qualifications will be the best for top Executives posts in PSEs.
There was strong pressure to change for open economy.In early nineties our economy was opened for competition.
India's first Prime Minister Pandit Jawaharlal Nehru said that all Public Sector Enterprises are India's modern temples.India adapted a socialist pattern of economy till our country was opened to global economy in early nineties The socialist pattern of society did not reach the poor to improve thier quality of life.The economy did not grow either.
Public Sector Enterprises (PSEs) have assumed the role in supplying essential goods and services to the public . They sometimes are mandated to take on social responsibility. The performance of some PSEs has been affected by the lack of clarity of the commercial and social objectives. Many PSEs have become a financial burden on the government,and failed due to mal administration, high corruption and labour unrest.Quality and capability of the people at the top are very important for sustaining the growth of any PSEs.The top people should have high integrity with a proven track records of managerial ability. No Engineer though technically excellent, can be a good managers unless he or she has the leadership quality and very good communicating capability. But managers with leadership quality and having engineering qualifications will be the best for top Executives posts in PSEs.
There was strong pressure to change for open economy.In early nineties our economy was opened for competition.
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